DMEGC was founded in 1980, with more than 40 years of manufacturing experience, known as the "Magnetic capital of China". It has developed into a high-tech private enterprise with two major industries: magnetic materials +components, solar PV +Li-ion battery. DMEGC is the sub-company of Hengdian Group. It is a private enterprise founded in 1975 in Hengdian, Zhejiang, China. Flourishing under China’s Reform and Opening-up policy, the Group earns an annual revenue of nearly 100 billion CNY, with business in four major areas: electrical and electronics; pharmaceuticals and healthcare; film, TV, culture and tourism; and modern services.
Lithium Battery Pack Division from Hengdian Group DMEGC Magnetics Co., Ltd was established in November 2016. It is committed to becoming a global leader in light lithium-ion battery solutions, focusing on the R&D, production, sales technical support, and after-sales service of green and environmentally friendly lithium-ion battery systems. The main products are light lithium-ion batteries for light vehicles, energy storage batteries, power tool batteries, etc.
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